$228,343 - $243,000
RENTED NOV 12, 2024

5247 Lake Victoria Arch Virginia Beach, VA 23464

3 Beds
2 Baths
1,188 Sq Ft
1993 Built

Highlights

  • Traditional Architecture
  • Cathedral Ceiling
  • Corner Lot
  • Salem Middle School Rated A
  • Main Floor Bedroom
  • Breakfast Area or Nook

About This Home

As of November 2024

MOVE IN READY Condo in Desired Indian Lakes! Well-maintained home boasts modern flooring, kitchen, washer and dryer and Central HVAC! You will love the generous sized bedrooms, one of which is on the 1st floor. Private fenced patio for enjoying your morning coffee. Relax after a long day in the community pool, playgrounds or tennis courts. Less worry with water, sewer, trash and ground maintenance included in your rent! (1) small pet allowed with non-refundable pet fee and monthly pet rent. Its prime location offers convenience to military bases, shipyards, major hospitals, popular landmarks, shopping and entertainment. Easy access to tunnels, bridges and freeways. Must make $5800 combined monthly income, all adults over the age of 18 years old must apply. No recent judgments, evictions. TEXT for more information today! Available NOW!

Last Agent to Rent the Property

Reigne Brown

RE/MAX Ultra Listed on: 10/11/2024

RE/MAX Ultra

Last Renter's Agent

Reigne Brown

RE/MAX Ultra Listed on: 10/11/2024

RE/MAX Ultra

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,976

Year Built

  • Built in 1993

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,188 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking

Schools

  • Providence Elementary School
  • Salem Middle School
  • Salem High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Sewer Paid

Additional Features

  • Patio
  • Government Subsidized Program

Listing and Financial Details

  • Rent includes ground maint, sewer, trash pick up, water
  • Section 8 Allowed

Community Details

Overview

  • Indian Lakes Subdivision
  • On-Site Maintenance

Amenities

  • Door to Door Trash Pickup

Recreation

  • Tennis Courts
  • Community Playground

Pet Policy

  • Pet Restriction

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,976

Year Built

Built in 1993

Lot Details

0

Rental Info

  • Rental Type: Condominium/Co-op
  • Lease Type: Yearly
  • Lease Conditions: Gov. Subsidized, Lease, Section 8 Eligible, Security Deposit
  • Rent Includes: Ground Maint, Sewer, Trash Pick Up, Water

Listing Details

  • Property Type: Rental
  • Property Type - Cross Property: Rental
  • Style: Traditional
  • GarageYN: No
  • Unit Description: 2 Living Lvl, Corner Unit
  • LP/ Sq Ft: 1.64
  • Estimated Year Built: 1993
  • Num Beds With Ensuite: 1
  • Address Street Name Website: Lake Victoria
  • Address Street Num Website: 5247
  • Address Website: 5247 Lake Victoria ARCH
  • Fence: No
  • Insurance Required Y N: Yes
  • Market Time: 32
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1993

Interior Features

  • Interior Amenities: Cathedral Ceiling, Dual Entry Bath (Br & Hall)
  • Flooring Type: Carpet, Laminate/LVP
  • Windows Treatments: None
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR, Breakfast Area, PBR with Bath
  • Appliances: Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer, Washer Hookup
  • Floor Level: 2
  • Stories Number: 2.0000
  • Estimated Sq Ft: 1188

Exterior Features

  • Exterior Features: Patio, Tennis Court
  • Foundation Type: Slab
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: 2 Space, Off Street

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County
  • Cooling: Central Air
  • Heating: Heat Pump

Condo/Co-op/Association

  • Amenities COA/POA: Ground Maint, Playgrounds, Sewer, Tennis Cts, Trash Pickup, Water
  • Pets: Pet Fee Addl, Pet Rent Addl, Pet Restrictions

Schools

  • Elementary School: Providence Elementary
  • Middle School: Salem Middle
  • High School: Salem

Lot Info

  • Waterfront YN: No

MLS Schools

  • Elementary School: Providence Elementary
  • School High School: Salem
  • Middle School: Salem Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2021
Sold by
Munson Matthew C
Bought by
Walker Sky R
Current Estimated Value
$232,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,822
Outstanding Balance
$152,671
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$78,872

Purchase Details

Closed on
Apr 26, 2010
Sold by
Boehmer Shawna M
Bought by
Munson Matthew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,900
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2003
Sold by
Hutchinson Catherine M
Bought by
Boehmer Shawna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,804
Interest Rate
6.19%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Walker Sky R $169,900 Old Republic Title Insurance
Munson Matthew C $155,900 --
Boehmer Shawna M $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Sky R $166,822
Previous Owner Munson Matthew C $155,900
Previous Owner Boehmer Shawna M $79,804
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2024 11/12/24 Rented $1,950 0.0% --
10/11/2024 10/11/24 For Rent $1,950 -- --
Source: Real Estate Information Network (REIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,976 $203,700 $51,000 $152,700
2023 $1,819 $183,700 $42,000 $141,700
2022 $1,637 $165,400 $42,000 $123,400
2021 $1,324 $133,700 $37,000 $96,700
2020 $1,344 $132,100 $35,000 $97,100
2019 $1,258 $115,800 $35,000 $80,800
2018 $1,161 $115,800 $35,000 $80,800
2017 $1,161 $115,800 $35,000 $80,800
2016 $1,081 $109,200 $33,000 $76,200
2015 $1,010 $102,000 $33,000 $69,000
2014 $1,106 $109,000 $40,000 $69,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10554947

Real Estate Information Network (REIN)

APN: 1465-77-4338-5247